Ray White Commercial Oakleigh is delighted to present to the market a rare opportunity to purchase two (2) stand alone, two (2) storey retail buildings standing side by side. The properties can be purchased as one or individually and zoned Commercial 1 (C1Z).
This exceptional opportunity nestled within half hour drive to the Melbourne CBD and in one of Melbourne's most gentrified suburbs, offers the flexibility to occupy, invest with the unique potential of multiple tenancies or to further develop (STCA).
The Springvale Road retail strip is arguably one of the most tightly-held throughout Metropolitan Melbourne, with vacancy rates continuing to be extremely low year upon year.
This is underpinned by an abundance of nationally recognized retailers such as Woolworths & Coles as well as an abundance of complimenting businesses.
The properties will be offered for sale via Expressions of Interest closing on Wednesday 30th September, 2020 at 3.00pm!
Property Details Include:
- Combined total land area | 443m2*
- Combined total building area | 700m2*
- Site offers the flexibility to either occupy, invest or develop (STCA)
- Unique opportunity to acquire an investment with multi-tenancy potential
- The site enjoys substantial frontage to Springvale Road (12.2 metres) with approximately 32,000 vehicles passing daily.
- Walking distance to bustling Springvale Road retail shopping strip & public transport,
Springvale railway station 200 metres away approx.
- Outstanding opportunity to acquire two retail freeholds on two separate titles
- Property is being offered Vacant Possession
- The site is zoned Commercial zone 1 (C1Z) within the Springvale Activity Centre. This SAC promotes development of these sites for a commercial/residential mix (STCA)
- The properties can be purchased as one or individually acquired
207 Springvale Road, Springvale:
- Total Land Area | 218m2*
- Total Building Area | 350m*
- Zoned Commercial zone 1 (C1Z) within the Springvale Activity Centre
- All fitting s to remain including all electrical fittings, window furnishings, cool rooms and drying room shells
- First floor consists of large open plan office, kitchen and meals area.
209 Springvale Road, Springvale:
- Total Land Area | 225m2*
- Total Building Area | 350m*
- Zoned Commercial zone 1 (C1Z) within the Springvale Activity Centre
- All fitting s to remain including Front counter, electrical fittings, window furnishings, smoke houses, chiller and cool rooms
- First floor consists of a 3 bedroom dwelling, kitchen, meals area, living room plus balcony.
For further information please contact one of the exclusive marketing agents:
George Kelepouris | 0425 798 677
Theo Karkanis | 0431 391 035
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.